Housing Market Analysis for WESTWOOD ROAD, IG3 8SB

Are you looking to understand IG3 8SB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Redbridge postcode.

For the location information and nearby amenities in the IG3 8SB area, explore the IG3 8SB Area information page.
For comprehensive crime statistics in the IG3 8SB area, explore the IG3 8SB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the IG3 8SB postcode area, The average prices are as follows,

Terraced
- The average price is around £195,850 median price is £193,250 Standard Deviation is £126,846 with Total Sold: 20
- The Last 5 Year average price is £407,500 with Total Sold: 3
- The most recent sale happened at this postcode is 33 WESTWOOD ROAD: £525,000 (Sold on 29 Jul 2022)
- The first recorded sale happened at this postcode is 29 WESTWOOD ROAD: £250,000 (Sold on 13 Feb 2024)
Semi-Detached
- The average price is around £293,333 median price is £360,000 Standard Deviation is £105,066 with Total Sold: 3
- The Last 5 Year average price is £360,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 WESTWOOD ROAD: £360,000 (Sold on 30 Mar 2020)
- The first recorded sale happened at this postcode is 1 WESTWOOD ROAD: £145,000 (Sold on 26 Jul 2002)
Flat
- The average price is around £113,000 median price is £130,000 Standard Deviation is £42,166 with Total Sold: 3
- The most recent sale happened at this postcode is 11 WESTWOOD ROAD: £130,000 (Sold on 26 Jun 2006)
- The first recorded sale happened at this postcode is 21 WESTWOOD ROAD: £55,000 (Sold on 29 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average IG3 8SB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£525,000	£5,250	1
2020	£447,500	£4,566	1
2015	£250,000	£2,500	1
2014	£315,000	£3,088	1
2013	£250,000	£2,778	1
2011	£250,000	£2,823	1
2010	£220,000	£2,157	1
2006	£240,000	£1,455	1
2002	£183,832	£1,274	3
2000	£109,000		1
1998	£78,500	£797	4
1997	£63,000	£594	1
1996	£66,000	£657	2
2024	£250,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£360,000	£3,939	1
2015	£375,000	£3,906	1
2002	£145,000	£1,510	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£142,000		2
2001	£55,000	£632	1

All the Sales in the WESTWOOD ROAD, IG3 8SB

See the table below for more details on the sold house prices in the IG3 8SB, Redbridge postcode.

Address	Sold Date	Price	% Change
33 WESTWOOD ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	29 Jul 2022	£525,000	110.00%
	30 Sep 2015	£250,000	247.22%
	09 Aug 1996	£72,000	First Sale
35 WESTWOOD ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1900-1929	11 Sep 2020	£447,500	First Sale
3 WESTWOOD ROADSemi-Detached, FreeholdArea: 91.4 Sq.mtrAge: 1900-1929	30 Mar 2020	£360,000	First Sale
1 WESTWOOD ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1900-1929	18 Dec 2015	£375,000	158.62%
	26 Jul 2002	£145,000	First Sale
21 WESTWOOD ROADTerraced, FreeholdArea: 102 Sq.mtrAge: 1930-1949	23 May 2014	£315,000	43.18%
	16 Jul 2010	£220,000	300.00%
	29 Jun 2001	£55,000	-32.93%
	04 Dec 1998	£82,000	First Sale
19 WESTWOOD ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	06 Feb 2013	£250,000	4.17%
	10 Nov 2006	£240,000	First Sale
23 WESTWOOD ROADTerraced, FreeholdArea: 88.57 Sq.mtrAge: 1900-1929	28 Jul 2011	£250,000	First Sale
11 WESTWOOD ROADFlat, Leasehold	26 Jun 2006	£130,000	-15.58%
	26 Jun 2006	£154,000	-38.40%
	22 Nov 2002	£249,995	50.15%
	12 Sep 2002	£166,500	First Sale
37 WESTWOOD ROADTerraced, FreeholdArea: 106 Sq.mtrAge: 1900-1929	29 Jan 2002	£135,000	114.29%
	07 Feb 1997	£63,000	First Sale
29 WESTWOOD ROADTerraced, Freehold	27 Oct 2000	£109,000	-56.40%
29 WESTWOOD ROADTerraced, Freehold	13 Feb 2024	£250,000	First Sale
7 WESTWOOD ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	17 Dec 1998	£85,000	41.67%
	22 Nov 1996	£60,000	First Sale
27 WESTWOOD ROADTerraced, Freehold	01 Jun 1998	£74,000	First Sale
9 WESTWOOD ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1900-1929	28 Jan 1998	£73,000	First Sale

Check out the sold house prices near the IG3 8SB postcode. Properties currently for saleProperties currently for rent

WESTWOOD ROAD, IG3 8SB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the IG3 8SB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the IG3 8SB postcode.

Terraced
- The average price is around £230,237 median price is £210,000 Standard Deviation is £147,080 with Total Sold: 2,372
- The Last 5 Year average price is £479,204 with Total Sold: 231
- The most recent sale happened at this postcode is , 179 CHESTER ROAD: £575,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 179 CHESTER ROAD: £49,750 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £271,329 median price is £249,000 Standard Deviation is £164,812 with Total Sold: 317
- The Last 5 Year average price is £545,192 with Total Sold: 36
- The most recent sale happened at this postcode is , 9 SPENCER ROAD: £475,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 7 GOODMAYES AVENUE: £67,000 (Sold on 15 Jan 1995)
Flat
- The average price is around £119,682 median price is £110,000 Standard Deviation is £73,310 with Total Sold: 1,207
- The Last 5 Year average price is £234,389 with Total Sold: 77
- The most recent sale happened at this postcode is , 5A KILDOWAN ROAD: £350,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is 11, WELLMEAD WELLWOOD ROAD: £45,000 (Sold on 24 Jan 1995)
Other
- The average price is around £504,934 median price is £250,000 Standard Deviation is £662,718 with Total Sold: 61
- The Last 5 Year average price is £737,711 with Total Sold: 29
- The most recent sale happened at this postcode is , 94 ELGIN ROAD: £123,000 (Sold on 11 Jan 2024)
- The first recorded sale happened at this postcode is , 774 HIGH ROAD: £20,000 (Sold on 23 Dec 2011)
Detached
- The average price is around £317,117 median price is £280,000 Standard Deviation is £163,885 with Total Sold: 47
- The Last 5 Year average price is £598,500 with Total Sold: 5
- The most recent sale happened at this postcode is , 10 NUTFIELD GARDENS: £575,000 (Sold on 26 Oct 2022)
- The first recorded sale happened at this postcode is , 10 ROYAL CLOSE: £105,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£453,950	£4,319	25
2023	£501,440	£5,154	43
2022	£503,460	£4,765	50
2021	£469,093	£4,497	70
2020	£459,909	£4,314	43
2019	£436,434	£4,037	41
2018	£450,436	£3,954	39
2017	£456,865	£4,109	52
2016	£393,427	£3,854	55
2015	£335,153	£3,462	56
2014	£327,837	£2,983	63
2013	£282,100	£2,818	60
2012	£259,214	£2,569	35
2011	£256,708	£2,699	36
2010	£251,282	£2,572	55
2009	£244,429	£2,356	28
2008	£280,107	£2,773	46
2007	£281,374	£2,797	108
2006	£259,502	£2,501	105
2005	£247,340	£2,280	94
2004	£236,847	£2,290	115
2003	£216,338	£2,297	136
2002	£173,312	£1,758	155
2001	£137,227	£1,388	138
2000	£122,999	£1,276	110
1999	£98,884	£1,008	127
1998	£86,996	£811	133
1997	£78,030	£794	145
1996	£70,082	£668	99
1995	£64,546	£550	110

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£545,000	£3,969	3
2023	£588,350	£6,050	5
2022	£562,667	£5,404	9
2021	£597,850	£5,668	8
2020	£473,032	£4,367	11
2019	£470,900	£4,194	6
2018	£466,644	£4,073	9
2017	£477,714	£3,865	7
2016	£501,566	£4,652	8
2015	£381,167	£3,588	6
2014	£364,545	£3,149	11
2013	£278,000	£2,841	6
2012	£305,083	£2,644	6
2011	£273,750	£2,324	10
2010	£306,800	£2,823	5
2009	£309,000	£2,483	5
2008	£297,000	£4,247	3
2007	£329,530	£2,305	15
2006	£293,888	£2,679	9
2005	£258,531	£2,983	16
2004	£266,692	£2,110	13
2003	£237,444	£2,598	18
2002	£206,394	£1,811	19
2001	£163,222	£1,624	18
2000	£127,514	£1,269	17
1999	£137,903	£1,014	13
1998	£105,988	£832	8
1997	£97,749	£710	14
1996	£76,774	£678	20
1995	£76,974	£645	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,000	£3,928	5
2023	£224,325	£4,212	14
2022	£270,333	£5,747	18
2021	£236,391	£4,801	22
2020	£205,600	£4,408	18
2019	£215,368	£4,344	19
2018	£227,817	£4,829	30
2017	£231,582	£4,184	30
2016	£194,737	£4,062	35
2015	£181,635	£3,487	26
2014	£170,257	£3,461	29
2013	£141,917	£2,702	12
2012	£147,730	£2,811	15
2011	£147,768	£2,787	14
2010	£122,667	£2,446	6
2009	£157,889	£2,645	9
2008	£177,441	£2,977	47
2007	£176,083	£3,309	70
2006	£143,727	£2,939	46
2005	£135,429	£2,688	67
2004	£131,415	£2,593	58
2003	£117,999	£2,405	63
2002	£94,288	£1,923	90
2001	£67,708	£1,418	75
2000	£61,013	£1,238	96
1999	£54,939	£1,112	57
1998	£46,284	£949	69
1997	£43,139	£853	67
1996	£39,874	£846	50
1995	£37,536	£777	50

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,000		1
2023	£275,300	£4,879	5
2022	£797,626	£3,354	9
2021	£343,375	£7,420	4
2020	£1,134,200	£14,229	10
2019	£416,000		4
2018	£203,200	£4,237	5
2017	£335,596	£4,198	14
2016	£303,000	£4,478	6
2014	£95,500		2
2011	£20,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£575,000	£3,662	1
2021	£604,375	£5,148	4
2019	£458,750	£4,689	4
2016	£570,000	£3,631	1
2015	£409,000	£3,609	2
2014	£401,000	£3,609	2
2013	£275,000	£3,004	1
2011	£299,250	£2,392	2
2010	£352,500	£4,174	2
2009	£297,000	£2,390	2
2007	£600,000		1
2006	£251,000	£2,840	2
2005	£278,500	£1,593	2
2004	£241,667	£1,741	3
2003	£277,000		1
2002	£454,998		2
2001	£138,500	£1,316	2
2000	£175,333	£1,378	3
1999	£139,500	£1,048	2
1998	£146,250		2
1997	£142,500		2
1996	£144,000		2
1995	£98,000	£847	2

House Type in IG3 8SB area

The most common house types in the IG3 8SB postcode area are Terraced (63), Flat (33), and Semi-detached (23).

Total	160
Terraced	63
Flat	33
Semi-detached	23
commercial building	20
Shared house	13
Detached	7
converted building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (86), and Owned: Owns outright (41).

Private rented: Private landlord or letting agency	86
Owned: Owns outright	41
Owned: Owns with a mortgage or loan	28
Private rented: Other private rented	4
Social rented: Other social rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the IG3 8SB have 1 person in household (39), and 3 people in household (35).

1 person in household	39
3 people in household	35
2 people in household	29
4 people in household	26
5 people in household	13
7 people in household	9
6 people in household	8
8 or more people in household	3
0 people in household	0